{"id":70396,"date":"2025-08-09T16:31:09","date_gmt":"2025-08-09T16:31:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/70396\/"},"modified":"2025-08-09T16:31:09","modified_gmt":"2025-08-09T16:31:09","slug":"ghanas-economy-to-exceed-its-2025-targets-ic-research","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/70396\/","title":{"rendered":"Ghana&#8217;s economy to exceed its 2025 targets \u2013 IC Research"},"content":{"rendered":"<p class=\"article-image\"><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/Ghana-s-economy-to-exceed-its-2025-targets-IC-Research-1995383?gallery=1\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/73111031.295.jpg\" alt=\"Dr Cassiel Ato Forson, Minister of Finance\" title=\"Dr Cassiel Ato Forson, Minister of Finance\" width=\"295\" height=\"182\" \/> <\/a>Dr Cassiel Ato Forson, Minister of Finance<\/p>\n<p id=\"article-123\">The latest report from IC Research has shown that Ghana\u2019s economy is on course to outperform its 2025 macroeconomic targets, driven by strong first-half results.<\/p>\n<p>According to the report,  improvements in inflation, exchange rate stability, interest rates, first-quarter GDP growth, and gross international reserves were the key contributors to the positive outlook.<\/p>\n<p>Reviewing the 2025 Mid-Year Budget, IC Research noted that fiscal performance in the first six months delivered a \u201csizable fiscal adjustment,\u201d surpassing both government targets and its forecasts.<\/p>\n<p><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/Oil-prices-set-for-weekly-drop-amid-tariff-fallout-1995382\" rel=\"nofollow noopener\" target=\"_blank\">Oil prices set for weekly drop amid tariff fallout<\/a><\/p>\n<p>\u201cOur analysis shows renewed discipline in spending and a halt in arrears accumulation, supported by solid tax revenue, despite weaker non-tax revenue. Given the stronger-than-expected fiscal results, the government remains confident in meeting end-2025 macro-fiscal goals, all of which were retained,\u201d the report said.<\/p>\n<p>The report added that the robust first-half performance has alleviated short-term fiscal concerns for 2024, although it cautioned that execution risks remain. <\/p>\n<p>However, authorities have identified key threats and proposed credible mitigation strategies.<\/p>\n<p>Total revenue and grants for the first half of 2025 stood at GH\u00a299.3 billion, or 7.1% of GDP, 3.2% below target but 8.3% above IC Research\u2019s forecast, boosted by enhanced tax compliance.<\/p>\n<p>SP\/MA<\/p>\n<p>How Virtual Reality is enhancing business and customer experience<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"Dr Cassiel Ato Forson, Minister of Finance The latest report from IC Research has shown that Ghana\u2019s economy&hellip;\n","protected":false},"author":2,"featured_media":70397,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101],"class_list":["post-70396","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/70396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=70396"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/70396\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/70397"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=70396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=70396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=70396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}